TD Ameritrade-Backed ErisX Gets Green Light to Settle Futures in Bitcoin

The U.S. Commodity Futures Trading Commission (CFTC) has cleared the way for crypto derivatives provider ErisX to offer futures contracts with a new license approval Monday. ErisX announced, which is backed by U.S. brokerage TD Ameritrade, that the CFTC granted it a derivatives clearing organization (DCO) license, acting as a secondary approval on top of an existing designated contract market […]

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Crypto Exchange ErisX Hires Former Execs. Of Barclays, YouTube, CBOE

Cryptocurrency trading platform ErisX announced the addition of three top-level officers, who were employees of major companies such as Barclays, YouTube, and CBOE in the process of building a robust, secure, and regulated digital asset platform. In a statement, the company said it has appointed Robert Thrash as Chief Operating Officer, Arnold Connell as Head of Infrastructure, and John Denza […]

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Crypto Startup ErisX Gets $27.5 Mln Funding Incl. From Fidelity, Nasdaq Ventures

Chicago Cryptocurrency Startup ErisX said it raised $27.5 million from investors including Fidelity Investments, Nasdaq Ventures and Bitmain, among others. The exchange is expected to launch a “fair and transparent platform” in the digital asset space. In a statement, ErisX announced the closing of Series B funding from an influential group of investors, which also includes ConsenSys and TradeStation Securities’ […]

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Daily Byte: Wednesday, December 5, 2018

Congressman takes on ICOs, Switzerland rejects crypto regulatory framework, and traditional financial firms back crypto exchange. Congressman Proposes Legislation to Regulate ICOs and Classify Crypto as New Asset Class Cleveland.com is reporting that a United States representative has proposed federal legislation that would create a regulatory framework for crypto-assets and ICOs. The bill, proposed by Rep. Warren Davidson (R-OH), has bipartisan […]

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